Investment Matters

The markets

Markets 11 Dec 15

The local market finished the week more than 2% lower with mining and energy stocks struggling with further weakness in oil and commodity prices. Banking stocks were also down sharply following the release of better than expected jobs data which further reduced the likelihood of more interest rate cuts.

The US market was flat for the week, despite an initial rally following the release of strong employment data, but weighed down over the week due to weakness in commodity prices and concerns over a global economic conditions.